When financial crimes happen in the United States, one of the agencies which gathers data on them is the Financial Crimes Enforcement Network (FinCEN). Founded in 2013, their mission is to protect the financial system and fight money laundering. With

Traditional investments like stocks and bonds are about to get face some new competition in 2019. According to a recent survey by the Harris Poll for the American Institute of CPAs, 35% of Americans plan to mix things up which

The BJP led government came to power by making outlandish promises of changing the financial situation in India. Prime Minister Narenda Modi promised to create millions of jobs, bring billions in foreign investment via his ‘Make in India’ initiative and

Most crypto-currency investors buy digital currencies such as Bitcoin and Ethereum as a long term investment. However things are changing dramatically in the cryptocurrency industry as companies like SALT Lending are changing the landscape by offering their customers fiat money

The UAE Exchange which is one of the most popular exchanges in the world recently announced that it has signed a deal with Ripple (creator of the cryptocurrency XRP) to incorporate Ripple's blockchain technology into UAE Exchange's payment system. UAE

More financial institutions are dropping support of Bitcoin and other cryptocurrencies as they decide to ban crypto purchases done via their bank’s credit cards. Major US credit card issuers such as the Bank of America Corp. (BoFA), JPMorgan Chase &

South Korean financial authorities recently announced that South Korean cryptocurrency investors must convert their virtual accounts into real name accounts. Cryptocurrency traders who refuse to convert their virtual accounts into real-name ones will be fined. This announcement does not come

Thousands of pre-paid cryptocurrency card users were affected over the weekend after Visa decided to crackdown on a popular card provider and suspend its services. WaveCrest, a Gibraltar-based company issues pre-paid cryptocurrency cards that allows its users to make payments

The cryptocurrency craze of 2017 does not look like it is going to fade out anytime soon. The Bank of England (BoE) recently announced that its senior executives have been hold discussions regarding the possibility of introducing their own version

For many Bitcoin investors, last week was a pretty stunning week as the cryptocurrency finally stopped its rise and started its price correction. From a stunning $20,000 high, it has dropped to $13,333. That is a 45% loss in value.